$534,930
●
House -
Off Market
243 Oak Branch Trail
Garner, NC 27529
5 Beds
4 Baths
4,205 Ft²
$605,788
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Cornwallis Landing is now open for sales! One & Two Story
Homes ranging from 2,000 to 4,300 square feet. Contact agent
for details and to see floorplan under construction in sister
community! Photos are representative of floorplan.
Upgrades and finishes may differ. Wow! The 'Yates
B' is a great value at $141.60 per heated/cooled square foot!! With
quality construction, this floorplan will satisfy your craving for
a large home and won't disappoint with many upgrades and features!
Chef's kitchen, deluxe primary bedroom with spa bathroom, plenty of
bedrooms and space for optional activities! Community has pool,
ponds, sidewalks, streetlights, landscaped yards and walking
trails. 100 acres of open space surrounding and throughout
the community! Great access to US-70 and I-40 and future 540
interchange! 15 mins to White Oak Shopping Center, Downtown
Clayton or Garner. 25 mins to Wake Med Raleigh Campus or
Downtown Raliegh. 30-35 mins to RDU, RTP, Downtown Cary or
Apex. Ask about incredible pre grand opening sales incentives
of $15,000!
Unit Size
4,205 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
2006
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (TMLS #2467168)
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Island Creek
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Listed by: David Poore, Mungo Homes of North Carolina
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2467168
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2467168
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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